Unity Partners has made an investment in the advisory services business of Meaden & Moore Advisors LLC, the advisory arm of Meaden & Moore Ltd., a Cleveland, Ohio-based professional services firm.
The transaction will see Meaden & Moore operate under an alternative practice structure, with Meaden & Moore Ltd. continuing as a separate licensed CPA firm providing attest services, while Meaden & Moore Advisors will provide business advisory, tax, forensic, and other non-attest services. Founded more than 100 years ago, Meaden & Moore operates 15 offices across North America and Europe and provides forensic, consulting, advisory and accounting services to businesses and individuals. Its forensic accounting practice serves insurance and legal clients with loss accounting, economic damages analysis, litigation support, investigative services, and cyber risk offerings, while its accounting and advisory practice provides tax, accounting, valuation, and business advisory services to small and mid-sized companies, primarily across the Midwest.
Citizens advised Meaden & Moore on the transaction, while Calfee, Halter & Griswold LLP and Hunton Andrews Kurth LLP served as legal counsel to the company. KeyBanc Capital Markets advised Unity Partners, with Kirkland & Ellis LLP and Gibson, Dunn & Crutcher LLP acting as its legal advisors.